Prime Minister Saikhanbileg approved the investment issues of the Oyu-Tolgoi underground mining development (OT Phase 2) when visiting the United Arabian Emirates in May 2015. According to the contract, “Oyu-Tolgoi” will require USD 4.2 billion loans for the initial underground

The Prime Minister has announced his plan to reduce the salaries of Ministers, Deputy Ministers, Governors, Members of the Parliament, and other officials by 30%. Currently, this plan is being studied by a working group. According to the Minister of

A high-level legal delegation from Poland has concluded a visit to Mongolia. The representatives, headed by the Vice Chairman of the Polish National Judicial Council paid a short visit to Mongolia, at the invitation of the Chairman of the Mongolian

The “Erdenes Mongol Company” and the “Asian Development Bank” (ADB)organized the “Central Asia Regional Economic Cooperation (CAREC) Investment Forum”, which was held in Ulaanbaatar on 24th September. Approximately, 350 representatives from 26 countries participated in the event. Senior officials of

On 24th September, experts of the Ulaanbaatar City Administration’s food supply and logistics department met Mr Park Seong-Yeun, the director of the National Development Council from Jeju Island in South Korea, together with Dr Young-Ju of Halla University. During the

On 24th September, the Academic Council’ of the “Boris.N.Yeltsin” Ural Federal University, awarded Mongolian Parliamentary Speaker Z.Enkhbold with an Honorary Doctorate. The Ural Federal University is the Speaker’s Alma-Mater; he graduated here as an automatic and telemechanical engineer in 1989.

Business Confidence registers sharpest drop in 2 years

Employment levels fall for 17 consecutive months

Companies continue to reduce prices charged

The World Economics Headline Sales Managers’ Index (SMI) for Mongolia provides the most up-to-date monthly assessment of economic activity in the

The Mayor of Seoul, Mr. Park Won-Soo, who is currently visiting Ulaanbaatar at the invitation of Mayor E.Bat-Uul, has paid a visit to Mongolian President Ts.Elbegdorj. During the meeting, which took place on 22nd September, the President congratulated Mr Park

The President of Mongolia, Ts.Elbegdorj is currently making an official visit to New-York. During his visit, the President will participate in the “UN high level meeting of the 70th session” which will take a place in New-York on 25th-27th September.

The annual autumn market organized by the Khanbogd soum government on 25-26 this month at the soum’s Galba square will attract local businesses from the Khanbogd, Bayan-Ovoo, Manlai and Dalanzadgad soums.

During the planned event the Center Policy Research (CPR), professional